Hyundai Engineering & Construction Co. landed a 1 trillion won ($725 million) contract to build a high-voltage power transmission line in Saudi Arabia, expanding its foothold in the kingdom’s energy infrastructure projects.
The Seoul-based builder will construct a 369-kilometer section of a direct-current transmission line connecting Riyadh to the southern coastal area of Kudmi, according to a contract signed with Saudi Electricity Co. The project, set for completion in January 2027, is part of a larger 1,089-kilometer power corridor.
This marks Hyundai E&C’s largest transmission project in Saudi Arabia to date. The line will be the country’s first double bi-pole HVDC system, capable of transmitting 4,000 megawatts of power.
The contract follows Hyundai E&C’s recent wins in Saudi Arabia, including the Medina-Tabuk-Aqaba transmission line in 2021 and the Neom-Yanbu project last year. The deals align with Saudi Arabia’s Vision 2030 plan to modernize infrastructure and reduce oil dependency.
Saudi Arabia is pushing to upgrade its power grid as part of broader economic reforms that include developing renewable energy capacity and improving electricity distribution efficiency.
